Overall costs rose 45% to RON170.6 million, from RON117.3 million in 2012, the fund said in its preliminary financial report.

SIF Moldova posted profit of RON90.9 million in 2013, down 34% from RON137 million a year before.

SIF Moldova’s net assets were flat at RON1.274 billion in January. (EUR1=RON4.4815)